Investor Presentaiton

Transaction Financing Transaction Financing $2.0 billion new funded debt, fully underwritten by BofA Merrill Lynch $450 million revolver unfunded at close Pro-forma Capitalization Statistics Gross Debt Cash Net Debt Deleveraging and Capital Allocation 1. II-VI ($ in billion) $2.4 x LTM EBITDA (w/ synergies)¹ 4.1x $0.3 0.6x $2.0 3.5x Taken together, company has EBITDA generation of $570mm¹ Combined company has a strong deleveraging profile Ongoing ability to maximize strategic opportunities Represents LTM 09/30/2018 for II-VI and LTM 07/29/2018 for Finisar and includes $150mm run-rate synergies. EBITDA excludes amortization of intangibles, the impact of SFAS 123(R) stock-based compensation expense and one- time charges. Page 25

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